• Journal of Korea Technology Innovation Society
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• v.16 no.4
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• pp.1090-1108
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• 2013

Recently national technology commercialization policy using the outcomes of public R&D has been promoting the activities of technology transfer and licensing. Firms also are considering licensing strategies to make great strides and strengthen their future competitiveness. In the licensing deals, objective and reasonable royalty determination is required to be accepted for both negotiation parties. This study analyzed the appropriate royalty range for various types of business and established three royalty influential factors with ten valuation items to explain royalty difference. This study suggested new method to estimate rationally reasonable running royalty rate, combining the appropriate royalty range from classic 25% rule and the result evaluated from royalty influential factors. The adequacy of royalty range from classic 25% rule is confirmed because its range is similar to that of royalty of transfer cases. The final estimate of running royalty can be made from linear function for royalty determination using the results of royalty range and royalty influential factors. This method suggested here is expected to practically useful to determine an appropriate running royalty rate for licensing negotiation.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.12
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• pp.721-730
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• 2020

This study investigates the impact of the country's governance on the revenue efficiency of 108 Islamic banks from 26 countries offering Islamic banking and finance products services. The technical efficiencies of individual Islamic banks have been analyzed using the Data Envelopment Analysis method. The data will be pooled across the selected countries and utilize the intermediation approach. The Ordinary Least Square estimation method is employed to examine the impact of country supervision and regulation on the technical efficiency of Islamic banks. As robustness check, the study examines the impact of the level of bank regulations and supervision on the efficiency of Islamic banks operating in different income-level countries. The results found that the stricter the supervisory power, the less strict capital requirement, the tighter the restrictions on non-banking activities, and the stricter the private monitoring enhance statistically significantly the level of efficiency of Islamic banks. In upgrading the regulations and supervision of the Islamic banks, the existing regulatory framework based on the Basel Committee on Banking Supervision (BCBS) must be complemented with the prescriptions on Islamic banking or Shariah compliance diligently, so that the Islamic banks could be regulated accurately and further improve the technical efficiency of their operations.

• Korean Journal of Agricultural and Forest Meteorology
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• v.16 no.4
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• pp.304-308
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• 2014

Accurate prediction of peak bloom dates (PBD) of flowering cherry trees is critical for organizing local cherry festivals and other associated cultural and economic activities. A two-step phenology model is commonly used for predicting flowering time depending on local temperatures as a result of two consecutive steps followed by chill and heat accumulations. However, an extensive computation requirement for parameter estimation has been a limitation for its practical use. We propose a sequential parameterization method by exploiting previously unused records of development stages. With an extra constraint formed by heat accumulation between two intervening stages, each parameter can then be solved sequentially in much shorter time than the brute-force method. The result was found to be almost identical to the previous solution known for cherry trees (Prunus ${\times}$ yedoensis) in the Tidal Basin, Washington D.C.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.39 no.4
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• pp.15-25
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• 2016

SCM activities in a company are considered as total innovation through synchronizing supply and demand while maintaining appropriate inventory level and reducing the business operating costs. Until now, even several researches are carried out on the SCM performance of the companies which have introduced and been operating SCM, the research on the cost analysis for the inventory which occurs frequently on supply chain is still insufficient. Especially, for the electronics industry in which the product depreciation is sharp caused by the short product life cycle and the complexity of distribution channels, even the inventory related costs are a major factor in business management, since the current estimated criteria of inventory costs are limited to the interest and maintenance management costs, the criteria do not reflect the total influence of the product depreciation and lost opportunity cost which are related to the business management. Furthermore, even though the rapid price drops of the distributor inventory caused by the frequent new model launch can be covered by the product manufacturers, the scale of total costs related to the inventory has not been conceived because the price compensation is traditionally considered as a market costs. In this research, we analyzed the inventory characteristics of electronics industry in which the price depreciation happens frequently, newly defining the estimated criteria of the product total inventory cost which includes price depreciation from the product manufacturers' view. Finally we focus on the case study of a representative electronics company and verify the scale of the influence on management performance.

• Journal of Soil and Groundwater Environment
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• v.20 no.7
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• pp.23-33
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• 2015

This study was conducted to provide the preliminary data on preparation for policy decisions regarding the groundwater supply scheme for N. Korea vulnerable to drought. Agricultural activities oriented to upland field due to the mountainous terrain more than 79% as well as the diversity of rainfall distribution over the country make more vulnerable to structural problems in the drought in N. Korea. Therefore, in anticipation of the expansion of exchange policies in agricultural sector, the available amount of groundwater needed for sustainable water resources supply was estimated for each administrative district after analyzing alluvium and hydrogeology distribution in N. Korea. Overall, the available amount of groundwater was estimated to 22.3 billion m³ (0.18 million m³/km²). The available amount of groundwater per unit area in Ryanggangdo and Gaesungsi was appeared very high in each of 0.56 and 0.39 million m³/km², respectively, and it would be interpreted that two districts have relatively wide area of volcanic rocks and alluvium with highly permeable characteristics, respectively. Finally, to maximize the utilization of this study result, the available amount of groundwater distribution map was developed on the basis of the 1 × 1 km grid network over the entire N. Korea.

• The Journal of the Korea Contents Association
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• v.9 no.12
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• pp.279-290
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• 2009

This study aims at analyzing the structure of the regional industries in Daejeon, including Choongchung area and the measurement of Regional Innovation Ability Index. The study also investigates the environment of the regional innovation activities in terms of Regional Location Quotient Index. The study mainly focuses on the estimation of four types of innovation ability indexes, i.e., human resource, knowledge creation, knowledge transfer and application, and innovation supporting finance output market. The findings indicate that Daejeon showed the highest index 2.977, and Seoul recorded 2.650 as the second rank. The indexes of Choongnam and Choongbuk were 2.034 and 2.082, respectively, which reached to 76%~78% of that of Seoul. The indexes of the other cities accounted for only 50%~60% of that of Deajeon city. This study concludes that there is a regional difference particularly in the knowledge creation area.

• Journal of the Korean earth science society
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• v.25 no.7
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• pp.604-614
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• 2004

Using three-components geomagnetic data from a permanent geomagnetic observatory in Icheon, we have computed the power spectrum of each geomagnetic component, amplitude, phase and estimation error of transfer function for each day in the 6 months period July 2002${\sim}$December 2002. The temporal variation of power spectrum have random appearances with repeating relative strong and weak magnitude, which is considered as solar activities. However, there is no clear long-term trend. In the case of amplitude, phase and error of transfer function, even though there are some random patterns over the periods of 1000 s and under 100 s, they seem to be comparatively stable without manifest temporal changes. Futhermore, we have estimated electrical field by assuming P$_{1}\;^{0}$ spherical harmonics and then calculated the approximated apparent resistivity for each day. As a result, the variations of resistivity depend on the temporal magnitude of spectral power in horizontal magnetic fields rather than hydrological changes in near surface.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.54 no.3
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• pp.217-223
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• 2018

Overfishing capacity has become a global issue due to over-exploitation of fisheries resources, which result from excessive fishing intensity since the 1980s. In the case of Korea, the fishing effort has been quantified and used as an quantified index of fishing intensity. Fisheries resources of coastal fisheries in the Korean waters of the East Sea tend to decrease productivity due to deterioration in the quality of ecosystem, which result from the excessive overfishing activities according to the development of fishing gear and engine performance of vessels. In order to manage sustainable and reasonable fisheries resources, it is important to understand the fluctuation of biomass and predict the future biomass. Therefore, in this study, we forecasted biomass in the Korean waters of the East Sea for the next two decades (2017~2036) according to the changes in fishing intensity using four fishing effort scenarios; $f_{current}$, $f_{PY}$, $0.5{\times}f_{current}$ and $1.5{\times}f_{current}$. For forecasting biomass in the Korean waters of the East Sea, parameters such as exploitable carrying capacity (ECC), intrinsic rate of natural increase (r) and catchability (q) estimated by maximum entropy (ME) model was utilized and logistic function was used. In addition, coefficient of variation (CV) by the Jackknife re-sampling method was used for estimation of coefficient of variation about exploitable carrying capacity ($CV_{ECC}$). As a result, future biomass can be fluctuated below the $B_{PY}$ level when the current level of fishing effort in 2016 maintains. The results of this study are expected to be utilized as useful data to suggest direction of establishment of fisheries resources management plan for sustainable use of fisheries resources in the future.

• Knowledge Management Research
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• v.14 no.1
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• pp.73-94
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• 2013

Customer's purchase state consists of purchase inertia and variety-seeking. As the growing brand familiarity triggers the increase of brand attractiveness, customers purchase state will be of inertia. However the excessively growing brand familiarity ignites the decrease of brand attractiveness. Followingly the purchase state will be tend to plunge into the variety-seeking state. The main topic of this study is to validate the asymmetric formation of customer's purchase states between inertia and variety-seeking. In order to follow up the main topic, this article introduces a model to freely describe the velocity of value changes depending upon the purchase states. This model will help overcome the limitation of the past studies having been based on the symmetric value changes. Based on this approach marketer will be able to decide the timing of sales promotions. This research utilized local telecommunication carrier's database of smartphone application purchase/download records. This database was collected from two years (2009 and 2010) span, the time when the smartphones started commodifying in Korea whilst most of the past studies had used purchase data of maturity stage products. From this approach utilizing the introduction stage data in the product life cycle, the probability of brand choice depending upon the purchase state on the early-stage can be probed. Moreover, this study tries to expand the research methodology from the other areas of research by knowledge sharing. Here this study introduces the methodology of section-aggregated multinomial logit to simultaneously estimate the parameters that were included in the plural multinomial logit functions while the plural functions were inter-connected. This adoption of section-aggregated multinomial logit model procedures from the computerized statistics areas is expected to nourish the marketing research for more precise analysis and estimation of effects of marketing activities.

• The Journal of the Korea Contents Association
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• v.11 no.7
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• pp.1-8
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• 2011

In modern society, the amount of information has been significantly increased according to the development of Internet and IT convergence technology and that leads to develop information obtaining and searching technologies from lots of data. Although the system integration for medicare has been largely established and that accumulates large amounts of information, there is a lack of providing and supporting information for nursing activities using such established database. In particular, the judgement for the intervention of pains depends on the experience of individual nurses and that leads to make subjective decisions in usual. In this paper, a pain nursing supporting method that uses the existing medical data and performs collaborative filtering is proposed. The proposed collaborative filtering is a method that extracts some items, which represent a high relativeness level, based on similar preferences. A preference estimation method using a user based collaborative filtering method calculates user similarities through Pearson correlation coefficients in which a neighbor selection method is used based on the user preference.